Civic Intelligence

Majority Action

EIN 82-1105809 • 501(c)3 • Silver Spring, MD

Profile

Majority action's mission is to hold corporations accountable to high standards of corporate governance, social responsibility, and long-term value creation.

8705colesvilleroad312Silver Spring, MD 20910

www.majorityaction.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-78%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-23%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Down

$807,078

Down $1,221,087 (-60%) from 2023

Liabilities

Down

$23,683

Down $39,756 (-63%) from 2023

Net Assets

Down

$783,395

Down $1,181,331 (-60%) from 2023

Revenue

Down

$1,511,754

Down $2,199,746 (-59%) from 2023

Expenses

Down

$2,695,398

Down $1,445,784 (-35%) from 2023

Net Income

Down

-$1,183,644

Down $753,962 (-175%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $111,098Liabilities 2019: $0Net Assets 2019: $111,0982019Assets 2020: $163,422Liabilities 2020: $0Net Assets 2020: $163,4222020Assets 2021: $1,748,758Liabilities 2021: $0Net Assets 2021: $1,748,7582021Assets 2022: $2,436,084Liabilities 2022: $41,453Net Assets 2022: $2,394,6312022Assets 2023: $2,028,165Liabilities 2023: $63,439Net Assets 2023: $1,964,7262023Assets 2024: $807,078Liabilities 2024: $23,683Net Assets 2024: $783,3952024

Highlighted filing

2024

Assets$807,078
Liabilities$23,683
Net Assets$783,395

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $687,500Expenses 2019: $576,402Net Income 2019: $111,0982019Revenue 2020: $1,018,925Expenses 2020: $1,024,109Net Income 2020: -$5,1842020Revenue 2021: $3,131,363Expenses 2021: $1,955,921Net Income 2021: $1,175,4422021Revenue 2022: $3,400,000Expenses 2022: $2,789,569Net Income 2022: $610,4312022Revenue 2023: $3,711,500Expenses 2023: $4,141,182Net Income 2023: -$429,6822023Revenue 2024: $1,511,754Expenses 2024: $2,695,398Net Income 2024: -$1,183,6442024

Highlighted filing

2024

Revenue$1,511,754
Expenses$2,695,398
Net Income-$1,183,644

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,511,754
Mission and Program Overview

Mission

Majority action is a nonprofit organization dedicated to empowering shareholders of all sizes to hold corporations and their leadership accountable to high standards of long-term value creation, corporate governance, and social responsibility.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,239,831$400,000▼ $839,831
Cash and Non-Interest-Bearing Accounts$769,559$388,717▼ $380,842
Investments in Publicly Traded Securities$14,134$16,694▲ $2,560
Prepaid Expenses and Deferred Charges$4,641$1,667▼ $2,974
Total Assets$2,028,165$807,078▼ $1,221,087
Liabilities
Accounts Payable and Accrued Expenses$63,439$23,683▼ $39,756
Total Liabilities$63,439$23,683▼ $39,756
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,025,247--
Net Assets Without Donor Restrictions$939,479$783,395▼ $156,084
Total Net Assets Fund Balance$1,964,726$783,395▼ $1,181,331
Total Liabilities and Net Assets / Fund Balance$2,028,165$807,078▼ $1,221,087
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah Weintraub SchommerChief Operating OfficerFT$135,892$18,379$154,271
Divya SundarDirector of ResearchFT$137,198$14,187$151,385
Jason DisterhoftDirector of Strategic InitiativesFT$106,824$27,150$133,974
Whitney ShepardCo-executive DirectorFT$107,594$8,827$116,421
Laura De PalmaDirector of Investor EngagementFT$105,498$9,441$114,939
Bryant SewellCo-executive DirectorFT$102,695$8,965$111,660

Board Members and Trustees

NameTitle
Dennak MurphyChair
James RuckerDirector
Janet ShenkDirector
Nadira NarineDirector
Renaye ManleyDirector
Carolyn LaubTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ab PartnersCampaign Consultants228 PARK AVANUE S 73667, New York, NY 10003$283,600
American For Financial ReformCampaign Consultants1615 L STREET NORTHWEST, Washington, DC 20036$200,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,511,754
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,511,754
Change in Net Assets
$-1,183,644

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,511,754
Revenue Not Reported on Form 990
$2,313
Total Revenue per Audited Statements
$1,514,067
Total Revenue per Form 990
$1,511,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,630,530
Other Expenses$987,248
Total Fundraising Expense$294,246
Professional Fundraising Fees$77,620
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$639,410$282,978$134,951$1,057,339
Fees for Services Other$649,012$60,690$5,500$715,202
Current Officers, Directors, Trustees, and Key Employees$138,274$60,809$29,000$228,083
Other Employee Benefits$131,174$53,512$25,519$210,205
Fees for Services Accounting-$127,897-$127,897
Payroll Taxes$64,447$26,291$12,538$103,276
Other Expenses$61,822$14,833$1,695$78,350
Fees for Services Professional Fundraising--$77,620$77,620
Pension Plan Contributions$19,736$8,051$3,840$31,627
Travel$22,004$5,989$3,583$31,576
Fees for Services Legal-$21,775-$21,775
Insurance-$6,899-$6,899
Office Expenses$1,600$3,949-$5,549
Total Functional Expenses$1,727,479$673,673$294,246$2,695,398

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,695,398
Total Expenses per Audited Statements$2,695,398
Total Expenses per Form 990$2,695,398
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$77,620
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Eli kasargod staub, james rucker, and carolyn laub have a business relationships as partners of springboard partners.

Form 990, Part VI, Section B, Line 11B

The chief operating officer will present the form 990 to the executive director to review prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is distributed annually to all directors, officers, members of board committees, and staff. All covered individuals shall sign annual acknowledgement that they have received a copy of this policy, understand it, and agree to abide by its terms.

Form 990, Part VI, Section B, Line 15A

The board of directors review the executive directors compensation at their december board meeting in executive session and upon approval of the budget.

Form 990, Part VI, Section C, Line 19

The organization does not make their governing documents or conflic of interest policy available to the public, but does provide form 990 and audited financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Majorityaction
EIN
82-1105809
Phone
2024177680
Address
8705COLESVILLEROAD312, SILVER SPRING, MD 20910
Doing Business As
5050climateprojectandclimatemajorityproject

Signing Officer

Name
Bryant Sewell
Title
Co Executive Director
Phone
2024177680
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryant Sewell
Formed
2017
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
18
Volunteers
6

Preparer

Firm
Alta CPA Group
Address
59 Franklin St 2nd Floor, Annapolis, MD 21401
Preparer
Jeffrey Griffith
Phone
4103495101
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Organization mission majority actions mission is to hold corporations accountable to high standards of corporate governance, social responsibility, and long-term value creation.

Form 990, Part XII, Line 11G

Consulting expenses - 715,202

Form 990, Part XII, Line 2C

The oversight and selection processes have not changed from the prior year.

Financial Statement Notes

X 2

The organization complies with the provisions of financial accounting standards board fasb asc topic 740, accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Management evaluated the organizations tax positions and conculded that the organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. For the years ended december 31, 2024 and 2023, no unrecognized tax provision or benefit exists in the accompanying financial statements.

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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt010000
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION COMPLIES WITH THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE ORGANIZATIONS TAX POSITIONS AND CONCULDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS IN THE ACCOMPANYING FINANCIAL STATEMENTS.
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IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING CONSULTANT
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0CERECE MURPHY
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt010931 SWANSFIELD ROAD
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0COLUMBIA
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IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt077620
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IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DIVYA SUNDAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SARAH WEINTRAUB SCHOMMER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR OF RESEARCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION MISSION MAJORITY ACTIONS MISSION IS TO HOLD CORPORATIONS ACCOUNTABLE TO HIGH STANDARDS OF CORPORATE GOVERNANCE, SOCIAL RESPONSIBILITY, AND LONG-TERM VALUE CREATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELI KASARGOD STAUB, JAMES RUCKER, AND CAROLYN LAUB HAVE A BUSINESS RELATIONSHIPS AS PARTNERS OF SPRINGBOARD PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHIEF OPERATING OFFICER WILL PRESENT THE FORM 990 TO THE EXECUTIVE DIRECTOR TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF. ALL COVERED INDIVIDUALS SHALL SIGN ANNUAL ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED A COPY OF THIS POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEW THE EXECUTIVE DIRECTORS COMPENSATION AT THEIR DECEMBER BOARD MEETING IN EXECUTIVE SESSION AND UPON APPROVAL OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT MAKE THEIR GOVERNING DOCUMENTS OR CONFLIC OF INTEREST POLICY AVAILABLE TO THE PUBLIC, BUT DOES PROVIDE FORM 990 AND AUDITED FINANCIAL STATEMENTS UPON REQUEST.

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